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we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing out amidst all the malaise what is happening in germany today an astounding manufacturing german manufacturing orders result from germany up 3.9% in october, a phenomenal performance from german industry and it's worth bearing in mind that german industry is basically in a single currency that is too low arguably for what it should be at. the deutsche mark would ha
we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now...
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>> i mean you,ed have had all of the advisers at post election conference saying it wasn't. michele bachmann put a ton of time, resources and that didn't turn into anything, as you well know. the governor has said it's irrelevant we should move beyond it. when you have governor of the party saying we should move beyond it and the top consultants on the last campaign saying, yeah it doesn't matter, you know, i think it's probably losing its significance. >> michele bachmann won the ames straw poll and finished sixth, sixth in the iowa caucuses. the other one i thought was right on, saving money to advertise in october is a good idea. turns out not, why? >> this, i think, could have the most lasting impact going forward that will be interesting to see in 2016. as you well know, the obama campaign made an early decision to define mitt romney in may and june, coming out of the primary. went right into the states, sort of framing him as a plutocrat who didn't care about the middle class, mitt romney campaign reserved time for the fall, put $20 million into the fall but he was alr
>> i mean you,ed have had all of the advisers at post election conference saying it wasn't. michele bachmann put a ton of time, resources and that didn't turn into anything, as you well know. the governor has said it's irrelevant we should move beyond it. when you have governor of the party saying we should move beyond it and the top consultants on the last campaign saying, yeah it doesn't matter, you know, i think it's probably losing its significance. >> michele bachmann won the...
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david: if, we're a month after the election. there are patterns after the election. are we fitting that pattern this year? >> yeah. the election year was up which is a sign of incumbent winning. we had a weak november after incumbent win. very typical. remains to seen if december fall follows that pattern. i think we're --. >> what about the year after an election? >> as i said before that is the worst of the four-year cycle. however a little better for democrats. they tend to spend more time debating and getting their policy initiatives together where republicans are more conservative in ideology. come out a little quicker. post-election years up five, down one for republicans since world war ii. i mean for democrats, excuse me. >> jeff hirsch, stock traders almanac, editor-in-chief. david: has commodity traders almanac. you have it all covered. >> thank you. liz: who is the most overpaid actor according to the forbes when looking at box-office returns versus the big bucks they're paid? is it brad pitt? is it eddie murphy or is it adam sandler? we have the answer co
david: if, we're a month after the election. there are patterns after the election. are we fitting that pattern this year? >> yeah. the election year was up which is a sign of incumbent winning. we had a weak november after incumbent win. very typical. remains to seen if december fall follows that pattern. i think we're --. >> what about the year after an election? >> as i said before that is the worst of the four-year cycle. however a little better for democrats. they tend to...
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i doubt our elected officials would be brazen enough to leave washington without an agreement? this is my hunch. if, and that is an if we are going to see a deal, i suspect it'll come in the next two weeks. if we know anything about d.c. lawmakers, their time off may be more of a sacred cow than the belief on tax and spending. if i'm right, it's too bad that their own self-interests motivate them more. >>> before we look the a the day on wall street. and it was a quiet day. at the end of the day, we did see the markets get a good lift up about 40 points on the industrial average. nasdaq composite picked up 15 1/2 points. and the s&p tonight gain of 4.5% points, check out apple today, we did see a bit of a rebound after the big selloff yesterday. apple continues to trade higher in realtime, up 1.5% on apple at
i doubt our elected officials would be brazen enough to leave washington without an agreement? this is my hunch. if, and that is an if we are going to see a deal, i suspect it'll come in the next two weeks. if we know anything about d.c. lawmakers, their time off may be more of a sacred cow than the belief on tax and spending. if i'm right, it's too bad that their own self-interests motivate them more. >>> before we look the a the day on wall street. and it was a quiet day. at the end...
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you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not belittling the difficulty. these are tough, tough issues. but the stakes are really, really important right now. there is a little wiggle room. >> yeah. >> as far as the president and the democrats are concerned when it comes to raising tax rates for the wealthy. >> sure. the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot tak
you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not...
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two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift.ta alka-seltzs cold & cough... [ buzz! ] take dayquil. use nyquil d... [ ding! ] ...and get longer nighttime cough relief. use tylenol cold multisymptom nighttime... [ coughs ] [ buzz! ] [ screams ] ...and you could find yourself... ho
two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the...
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for instance, right after the election we advised our clients we should get a good-sized down move. we got 'em short at 1430 in the december s&p, futures caught the move all the way down at 1350 and then turned around and said, look, we should rally back to the 1400 area. that's exactly what happened. we didn't chase headlines, we didn't try to catch every wiggle in the market, and for the people watching, the important thing to keep in mind now is we're getting close to the end of the year. the markets are going to get increasingly thin and illiquid. pile on the headline risk not only coming out of europe, but also with the fiscal cliff negotiations. the bottom line is it's going to be very difficult to maneuver in tight spaces, so widen it out. for us that means in the s&p we want to pie 1340 to 1320, and as the market gets up to the 1430 area and above, we want to reduce our equity exposure. in the dow call it 12,5 to 13,5. in the nasdaq 100, 2400 to 2800. liz: okay, hold on. let me just hold on the s&p because that's what we have here. 1320 to 1340 buy in when it hits there, and
for instance, right after the election we advised our clients we should get a good-sized down move. we got 'em short at 1430 in the december s&p, futures caught the move all the way down at 1350 and then turned around and said, look, we should rally back to the 1400 area. that's exactly what happened. we didn't chase headlines, we didn't try to catch every wiggle in the market, and for the people watching, the important thing to keep in mind now is we're getting close to the end of the...
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than in elective office. it's a real help to the republicans in the senate because he has cost them the senate. he has done more damage to the senate and most especially to republicans in the senate than anyone else. he has backed these crazy, nutty tea parties who have gutted the republican nomination for senate in various states around the country, and then he went on to lose to democrats thereby preserving the democratic control of the senate, preserving harry he reed therei. he had become an absolute disaster within his own party. the big cheer today is in the republican caucus saying, finally, we're getting rid of our absolute craziest nut. >> very good. we congratulate them for that. another thing, lawrence, that happened today is governor bobby jindal wrote an op-ed in politico and he said, at present any reading the headlines over the past week indicates that republicans are fighting to protect the rich and cut benefits for senior. it may be possible to have worse political positioning than that, but
than in elective office. it's a real help to the republicans in the senate because he has cost them the senate. he has done more damage to the senate and most especially to republicans in the senate than anyone else. he has backed these crazy, nutty tea parties who have gutted the republican nomination for senate in various states around the country, and then he went on to lose to democrats thereby preserving the democratic control of the senate, preserving harry he reed therei. he had become...
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. ♪ >>> it's exactly one month since the president's resounding re-election, but if you thought the campaign was over, you'd be wrong. in the fight over the fiscal cliff, the president is again reaching out to voters for their support. this afternoon a northern virginia family got a special visit after sharing their story about how a $2,200 tax increase would hurt them. and for the president, it was a chance to remind the public and congress that without a deal, taxes will go up for everyone at the end of the year. >> the message that i think we all want to send to members of congress is this is a solvable problem. the senate has already passed a bill that would make sure that middle class taxes do not go up next year by a single dime. it's very important that we get this done now, that we don't wait. >> with just 26 days before the country goes over the edge, the president and speaker boehner spoke last night, both are staying mum about what exactly was said, but the president made clear today that he's not budging on top earners. >> just to be clear, i am not going to sign any package that
. ♪ >>> it's exactly one month since the president's resounding re-election, but if you thought the campaign was over, you'd be wrong. in the fight over the fiscal cliff, the president is again reaching out to voters for their support. this afternoon a northern virginia family got a special visit after sharing their story about how a $2,200 tax increase would hurt them. and for the president, it was a chance to remind the public and congress that without a deal, taxes will go up for...
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we will very likely go back and elect the same group of people to do the same bad job and then this. the football player from kansas city who killed the mother of his child and then himself, he said bob costas was wrong when he argued that cassandra perkins would still be alive if belcher doesn't have a gun. what next? control on cars? they are used in more homicide than guns. we need to amp up our education on certain freedoms and liberties and put larger penalties on those who abuse them, but nick, that is the point. we don't ban cars because they're potentially dangerous, but there are significant controls on their use and ownership. they're registered, licensed and you have to have training. what controls would you accept on the ownership of firearms? i'm just asking. you can answer at mailbag@wusa9.com. that is our report. i'll be right back here at 11:00 along with anita and topper. don't forget. log on any time to www.wusa9.com. have a great evening. we'll talk to you a bit later. bye bye. ♪ "e.t." >>> duchess kate's pregnancy, the prank and the hospital's royal security bre
we will very likely go back and elect the same group of people to do the same bad job and then this. the football player from kansas city who killed the mother of his child and then himself, he said bob costas was wrong when he argued that cassandra perkins would still be alive if belcher doesn't have a gun. what next? control on cars? they are used in more homicide than guns. we need to amp up our education on certain freedoms and liberties and put larger penalties on those who abuse them, but...
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when do you do election reform? well, i think when there's not an election going on and people are paying attention. i want to thank you for doing this. this has been a story that we have spent countless hours on, leading up to the election. but how do you see the federal government setting standards? what does the l.i.n.e. act do for states like ohio and florida, where there have been problems? >> well, first, thank you for all the work you've done on this. i'll tell you, my heart sank when i saw those lines, because i thought back to the '04 election in ohio. and i don't know if you know this, but i actually stalled the electoral college vote, because i was so incensed when i learned that in minority precincts in ohio, people waited for 12 hours to vote and many gave up. it was pouring down rain. this is really disen chancement. so the congress has the perfect right to get involved in setting standards. i'm proud that the states are going to do it. good for them. i'm happy they're ready to fix it. but they have to
when do you do election reform? well, i think when there's not an election going on and people are paying attention. i want to thank you for doing this. this has been a story that we have spent countless hours on, leading up to the election. but how do you see the federal government setting standards? what does the l.i.n.e. act do for states like ohio and florida, where there have been problems? >> well, first, thank you for all the work you've done on this. i'll tell you, my heart sank...
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george brockler is the newly elected district attorney. he'll be sworn in january 8th. he says he won't decide on pursuing capital punishment until he talks to the victims and their families, but he did say this. >> in terms of the death penalty itself, throughout the campaign and my entire professional career i have been in favor as the death penalty as a discretionary tool for an elected district attorney. as a military prosecutor i worked on a case in hawaii where we attempted to get capital charges on a specific murder case. >> reporter: the preliminary hearing in this case is scheduled right now for january 7th. mart in a. martha: thank you vermart in a. martha: thank you very much. bill: jim demint the pep tea party senator from south carolina will leave his position in the senate and take a job at the heritage foundation. it's news crossing right now. bret baier's timing is perfect. he's live in d.c. right now. good morning to you. >> reporter: good morning. bill: demint is the guy who came out of the pau palmetto state. it was cut spending, make government small
george brockler is the newly elected district attorney. he'll be sworn in january 8th. he says he won't decide on pursuing capital punishment until he talks to the victims and their families, but he did say this. >> in terms of the death penalty itself, throughout the campaign and my entire professional career i have been in favor as the death penalty as a discretionary tool for an elected district attorney. as a military prosecutor i worked on a case in hawaii where we attempted to get...
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washington was one of three states to approve same-sex marriage in the november elections. >>> back here in the district, there have been delays to the city's medical marijuana program. pat lawson muse has more on what's slowing things down. >> city officials thought the medical marijuana program would be up and running in the district by now. but the news4 iteam has learned they haven't started growing a single plant yet. earlier this year, applicants got the go-ahead to register for licenses, to either grow or sell medical marijuana at ten sites, all six of the cultivation centers are located in northeast, mainly in ward 5. most of the dispensaries are in northwest. there is one in southeast. but it's taking longer than initially thought to get the program going. right now, none of the applicants has received a certificate of occupancy, which they all need before they can get their business licenses to start operating. the city tells the news4 iteam they're waiting for all construction to be completed at the site so final inspections can be done. once the applicants get their business
washington was one of three states to approve same-sex marriage in the november elections. >>> back here in the district, there have been delays to the city's medical marijuana program. pat lawson muse has more on what's slowing things down. >> city officials thought the medical marijuana program would be up and running in the district by now. but the news4 iteam has learned they haven't started growing a single plant yet. earlier this year, applicants got the go-ahead to...
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lily a election parker picked up his check. parker said he didn't come forward because he had to take the l-sat last week. he plans to put the money towards law school. the person who won in arizona still has not come forward. >>> if there's one that issue may bring people together it may be the universal dislike of speed cameras. even if you knit they serve the public g. derek says in d.c. it's really all about the benjamins. >> the d.c. city council admire thon 12-hour session last night in a story few seemed to notice the one that caught my eye. the council voted to cut the speed camera fines. this time from $100 gown to $75 for your basic violation. all of this over the vehement opposition from mayor vince gray. he said watt cost the city tens of millions of dollars. public safety rule, i'm told that never come up. just that the council better not cut those fines unless they have a way to make up that cash. isn't that what we suspected all along? sure, the mayor says he wants everybody to slow down but the evidence suggests
lily a election parker picked up his check. parker said he didn't come forward because he had to take the l-sat last week. he plans to put the money towards law school. the person who won in arizona still has not come forward. >>> if there's one that issue may bring people together it may be the universal dislike of speed cameras. even if you knit they serve the public g. derek says in d.c. it's really all about the benjamins. >> the d.c. city council admire thon 12-hour session...
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the dow jones has slipped only about 200 points since the election. why isn't wall street more on edge itself? william cohen is the author of "money and power, hold goldman sachs came to rule the world." the labor department came out with the applications for unemployment aid saying it fell sharply for the last week and stocks basically opened flat this morning as we've seen. some of that has to do more with europe than it does with washington. but what is your reasoning for why wall street hasn't displayed more of an impact from this fiscal cliff nonsense? >> thomas, what wall street hates most of all is uncertainty and it's counterintuitive, there's actually plenty of certainty now. what's going to be certain is taxes are going up. either we go off the cliff or the curb and then taxes rise for everybody and then maybe they get repealed for the middle class and others or we reach a deal and taxes go up for the wealthiest 2% and everybody else breathes a sigh of relief. there's some $2 trillion in cash sitting on the balance sheets of corporate americ
the dow jones has slipped only about 200 points since the election. why isn't wall street more on edge itself? william cohen is the author of "money and power, hold goldman sachs came to rule the world." the labor department came out with the applications for unemployment aid saying it fell sharply for the last week and stocks basically opened flat this morning as we've seen. some of that has to do more with europe than it does with washington. but what is your reasoning for why wall...
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whenever there is an election or a referendum they're afraid of the ballot box. it is because they know the people are not on their side. >> reporter: tahrir square was far from full today. egypt's had its revolution and that, for many, will suffice. yet the president's opponents say another may now be required. >> ( translated ): we didn't have a revolution just to return to the era of mubarak and worse. >> ( translated ): mohamed morsi has divided the nation. we want him to fall. along with the muslim brotherhood because they are traitors. >> reporter: last night, muslim brotherhood offices were set on fire outside cairo. and crowds with these demands are now gathering again outside his palace. >> sreenivasan: three more officials announced their resignation in wake of the violence. late today, in a televised speech, president morsi called for a comprehensive and productive dialogue. but he also accused some of the opposition of serving the old mubarak regime. and he insisted a referendum on the constitution would go ahead on december 15. margaret warner takes
whenever there is an election or a referendum they're afraid of the ballot box. it is because they know the people are not on their side. >> reporter: tahrir square was far from full today. egypt's had its revolution and that, for many, will suffice. yet the president's opponents say another may now be required. >> ( translated ): we didn't have a revolution just to return to the era of mubarak and worse. >> ( translated ): mohamed morsi has divided the nation. we want him to...
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election day is the moment to celebrate the winners in politics. but for musicians, the big night is the grammys. the list includes familiar stars like kanye west and adele and maroon 5. there's one category that really caught my eye. it's the one for best spoken album, which includes audio books as well. check out the nominees. first lady michelle obama. she's nominated for her book, american grown. but look at her competition. it's former president bill clinton. he's nominated for his book "back to work." my colleague and friend, rachel maddow was nominated for her book "drift." incredible. but i'm disappointed. there's some serious snubs this year. i mean, how did this fellow performer not make the list. ♪ >> that deserved something. and mitt romney's tough year just got tougher. look at this snub. ♪ o beautiful for spacious skies for amber waves of grain ♪ ♪ for purple mountains majesty, above the fruited plain ♪ >> and perhaps the biggest snub of all, not justin bieber. i'm talking about this one. ♪ i am so in love with you >> and
election day is the moment to celebrate the winners in politics. but for musicians, the big night is the grammys. the list includes familiar stars like kanye west and adele and maroon 5. there's one category that really caught my eye. it's the one for best spoken album, which includes audio books as well. check out the nominees. first lady michelle obama. she's nominated for her book, american grown. but look at her competition. it's former president bill clinton. he's nominated for his book...
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other election-related words made the list including democracy, bigot and marlakey. that's a look at tonight's fox 5 top five. >>> fox 5 needs your help once again. our annual stuff a truck food drive is this friday, trying to fill an spire truck worth of food for the area's -- intine truck worth of food for the area's -- fill an entire truck worth of food for the area's hungry. usually the coldest day of the year, stuff a truck day. >> i was thinking about that as you were reading that, brian. i don't think it will be the coldest day this year and last year wasn't too bad either. >>> we'll have a cold one tomorrow and rebound heading into the weekend. live look outside. it's going to be crisp. i would not say it will be terribly cold, but it's definitely going to be a lot chillier than last night. we'll continue to see temperatures dropping under mostly clear skies. some high thin clouds are passing through now. i think they'll break up a little later. i wanted to show you a couple contrasts, our high today 63 degrees just past midnight last night. so we definitely
other election-related words made the list including democracy, bigot and marlakey. that's a look at tonight's fox 5 top five. >>> fox 5 needs your help once again. our annual stuff a truck food drive is this friday, trying to fill an spire truck worth of food for the area's -- intine truck worth of food for the area's -- fill an entire truck worth of food for the area's hungry. usually the coldest day of the year, stuff a truck day. >> i was thinking about that as you were...
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the 61-year-old was elected to the senate back in 2004. republican governor, nikki haley will appoint his successor. plunging off the fiscal cliff would mean higher taxes for everyone. today, president obama hopes to highlight the impact of the reality when he visits the home of a northern virginia family this afternoon. at the same time, members of the congress are getting out of town. tracie potts has more on the stalling fiscal cliff talks. >> reporter: lawmakers getting out of washington today while they can. >> eric cantor, house republicans talk about forcing members to be in town through the christmas holiday if a deal is not done before then. >> leave us alone! >> reporter: these are some of the frustrated constituents they will face on what can happen if social security jobs are cut. >> it's going to be backlogged and disability is going to skyrocket. processing time is going to skyrocket. lines out the door in our offices. >> reporter: they get advice when economists testify. plus, more fallout from what the treasury secretary te
the 61-year-old was elected to the senate back in 2004. republican governor, nikki haley will appoint his successor. plunging off the fiscal cliff would mean higher taxes for everyone. today, president obama hopes to highlight the impact of the reality when he visits the home of a northern virginia family this afternoon. at the same time, members of the congress are getting out of town. tracie potts has more on the stalling fiscal cliff talks. >> reporter: lawmakers getting out of...
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is this another impact of the election? another consequence of the election? >> yeah, i'd love to know what his republican colleagues are saying behind closed doors. from my perch, you know, this is a guy who played a significant role in costing the gop about a half-dozen seats that they otherwise would have won. look at what happened in i understand. look at what happened in delaware where the mindset of senator demint seems to be one of, let's win the battle, even if we're going to lose the war. they've lost about a half-dozen wars because they put forth names that could win a primary but could never win a general election. my hunch, tamron, is politically some of the republicans are not all that sad to see him go. >> real quick to your point about the win/lose. he supported 20 candidates, 15 won primaries, 7 won general elections. in his reaction mitch mcconnell said that demint helped galvanize the american people against a big government agenda. that's at least what senator mcconnell sees there. >> yeah, right. the fact is his record was not good, and loo
is this another impact of the election? another consequence of the election? >> yeah, i'd love to know what his republican colleagues are saying behind closed doors. from my perch, you know, this is a guy who played a significant role in costing the gop about a half-dozen seats that they otherwise would have won. look at what happened in i understand. look at what happened in delaware where the mindset of senator demint seems to be one of, let's win the battle, even if we're going to lose...
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going into the election, this is what we were telling you. mitt romney needed to do this well in the typical gop strongholds. evangelical centers, tractor country, mormon, look at this. he did out perform bush in all of these areas. all of these areas. he increased bush's margins or stayed the same in the key republican areas. and if you look at this, for president obama versus john kerry, again looking at this through '04 and the 12 lens the president did the same thing. topped him by five points in the industrial metropolis counties and increased the campus centers by a point in those counties. in fact, it was not a surprise. according to the director of the patchwork nation project he was on the show back in july and here is what he said about where the election would be won and lost. >> i can tell you right now with a pretty good degree of certainty how nine of the types are going to go in the fall. i mean, i know which ones are going to go democratic and republican. it isn't complicated. there are a couple -- but it is about the margins
going into the election, this is what we were telling you. mitt romney needed to do this well in the typical gop strongholds. evangelical centers, tractor country, mormon, look at this. he did out perform bush in all of these areas. all of these areas. he increased bush's margins or stayed the same in the key republican areas. and if you look at this, for president obama versus john kerry, again looking at this through '04 and the 12 lens the president did the same thing. topped him by five...
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Dec 6, 2012
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i mean these are our elected representatives and they have got to pay a little more attention to those that got them in the office. and they're arguing amongst themselves without much care about the people they represent. >> tom: a lot of those folks are retiree, we have a question from anita asking what is the investing or financial planning lesson paul use most during retirement? >> well, the number one is hope i can live my life to the last and still have enough capital to keep me going. and a lot of investors are running up against the same thing. they're running out of capital because yields are so low in the bond market, money markets are yielding practically nothing. so they have to chip into their base capital and that is hurt. so what i am doing is looking for blue-chip stocks with decent dividends. >> susie: a lot of people are wondering that in this climate what do you think is going to be the new investment opportunity available to all of us in 2013. s this's a question from fay. >> new investment opportunity. >> susie: what is your prediction. >> they'll come up with somet
i mean these are our elected representatives and they have got to pay a little more attention to those that got them in the office. and they're arguing amongst themselves without much care about the people they represent. >> tom: a lot of those folks are retiree, we have a question from anita asking what is the investing or financial planning lesson paul use most during retirement? >> well, the number one is hope i can live my life to the last and still have enough capital to keep...
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republicans for praising the president and the federal government's response to sandy one week before election day. governor christie was not the only lawmaker asking for help. a number of lawmakers from the northwest travelled to the district and their focus is to get more help to pay to fix trains and ports that suffered from sandy. >> it was the large transit disaster in the nation's history. four out of 10 of the nation's transit riders, of the nation's transit riders have their commutes disrupted by the storm and many do today. >> what happens in our port district&affects the entire nation. our losses from superstorm send rippled through the entire country. >> and $2.3 billion is approved to support response and recovery efforts, including $1 billion for direct assistance to the thousands of people affected by the storm. >>> time for a look at the weather. >> not so bad tonight. as gary, you know, you said earlier, you can't have a tree lighting without cold weather and i think mother nature's delivered, wouldn't you say? >> reporter: right. would you imagine if we're doing this 73 degree
republicans for praising the president and the federal government's response to sandy one week before election day. governor christie was not the only lawmaker asking for help. a number of lawmakers from the northwest travelled to the district and their focus is to get more help to pay to fix trains and ports that suffered from sandy. >> it was the large transit disaster in the nation's history. four out of 10 of the nation's transit riders, of the nation's transit riders have their...
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that suggests that speaker boehner is actually in a stronger position in his caucus than when he was elected two years ago. how is he doing, do you think? >> well, i think he's in a stronger position because republicans feel like they're in a weaker position. i think a lot of republicans who might prefer a different leader don't feel they have the luxury of that right now. in fact, even congressman kantor and others, who boehner didn't think he could count on the last time around, are being supportive. republicans are trying to calculate how much they have to give in now and is there a way to fall back with the idea of being able to move ahead in a more aggressive way next year. that's why you saw the president in a very preemptive way trying to rule out the idea of tying talks to next february to raising the debt ceiling. >> alan simpson, the co-chair of the president's deficit commission, was on the "today" show this morning and he said all this talk about either side being able to go off the cliff is ridiculous. let me play that for you. >> when you have leaders of parties and people from
that suggests that speaker boehner is actually in a stronger position in his caucus than when he was elected two years ago. how is he doing, do you think? >> well, i think he's in a stronger position because republicans feel like they're in a weaker position. i think a lot of republicans who might prefer a different leader don't feel they have the luxury of that right now. in fact, even congressman kantor and others, who boehner didn't think he could count on the last time around, are...
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>> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the list even when he wasn't president because we all know who was still running the show then. he's back up there with a bullet. he's been as high as two on this list. here is somebody who has a u.n. security council permanency, controls a huge oil and gas reserve, has a nuclear tipped army and wields his power very effectively. >> and loves to show his muscles. many times as possible. >> powerful in many ways. that's right. >> of late bill gates has been the rodney dangerfield of silicon valley or seattle. he gets absolutely no respect but you give him plenty. he comes in at
>> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the...
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this morning that campaign staffer mayor vincent gray may have concealed donations during the 2010 election. that's according to "the washington post." they cite several people familiar with the fbi probe into gray's campaign who say city employees and contractors were promised that their contributions would not be reported. that is against city campaign finance laws. the unreported donations are separate from what investigators call an illegal shadow campaign that raised more than $600,000 for gray. >>> the brother of former d.c. council chairman kwame brown is facing bank fraud charges, the same charge that led brown to resign his council seat. he made false claims about his income on a mortgage loan application in 2010. his attorney says that brown plans to plead guilty. che brown also pled guilty to a similar charge in 1995. >>> invasion of privacy or creative marketing? that's the question behind new technology that verizon is working on. according to a patent application, the company is trying to create a device like a dvr that can record your every move. the idea is to cater tv ads s
this morning that campaign staffer mayor vincent gray may have concealed donations during the 2010 election. that's according to "the washington post." they cite several people familiar with the fbi probe into gray's campaign who say city employees and contractors were promised that their contributions would not be reported. that is against city campaign finance laws. the unreported donations are separate from what investigators call an illegal shadow campaign that raised more than...
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after we got the bounce on the 19th, there are several sectors doing far better than where they were on election. >> that's true. you know what? we've been so focused on the fiscal cliff, we haven't thought about the jobs number coming out tomorrow. what do you expect? >> i expect it to be nothing that's going to
after we got the bounce on the 19th, there are several sectors doing far better than where they were on election. >> that's true. you know what? we've been so focused on the fiscal cliff, we haven't thought about the jobs number coming out tomorrow. what do you expect? >> i expect it to be nothing that's going to
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and that was before this last election cycle, when in election after election we saw super pacs funneling vast fortunes into primaries for the presidency, into senate races, into house races, funneling them in with nobody knowing where the money came from. now, some of the contributors of those super pacs they did disclose that they contributed to the super pac. they bragged about it. but when the money went from the supesuper pac to the state, noby knew where the money came from. so it was an tac by vast pools of dark moafnlt i tell you this, if we had had the talking filibuster and fecks had had to rise up -- and folks had had to rise up on this floor and defend these donations, then we would have gotten the 60th vote and we would have a much better system today. or how about pay equity for women? how about pay equity? i think we would have had the public weigh in, if they could have seen it was being torpedoed by the silent, hidden filibuster. now, there are folks -- i've heard them over the last few weeks -- say, oh, this strategy of asking people to talk is a way to suppress the view
and that was before this last election cycle, when in election after election we saw super pacs funneling vast fortunes into primaries for the presidency, into senate races, into house races, funneling them in with nobody knowing where the money came from. now, some of the contributors of those super pacs they did disclose that they contributed to the super pac. they bragged about it. but when the money went from the supesuper pac to the state, noby knew where the money came from. so it was an...
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Dec 6, 2012
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we have an election, a member of the muslim brotherhood elected. now the muslim brotherhood is protesting him. he's moved out -- forced out of the palace by the same mob. does he survive? >> well, you know revolution is no dinner party. it is no dinner party. things are in turmoil in egypt. largest demonstrations we've seen since mubarak. five killed just last night. so what's happened is morsi -- right on the -- right after he helped broker this peace in gaza. praised by u.s. officials for his role and starting to emerge as a statesman with egypt. starting to -- >> bill: looked like he could be the new -- >> then he assumes extrajudicial powers. he says that he's not subject to any rulings by the court. in part, this was to forestall the mubarak-backed court from dissolving the constituent assembly that had been created to draft the constitution. so he does, in fact, do that. the constitution goes through the assembly and is passed out but it is not a constitution that the liberals or the nonmuslim forces in egypt are supporting. they think this i
we have an election, a member of the muslim brotherhood elected. now the muslim brotherhood is protesting him. he's moved out -- forced out of the palace by the same mob. does he survive? >> well, you know revolution is no dinner party. it is no dinner party. things are in turmoil in egypt. largest demonstrations we've seen since mubarak. five killed just last night. so what's happened is morsi -- right on the -- right after he helped broker this peace in gaza. praised by u.s. officials...
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the american people re-elected him and they re-elected us. that's not a mandate to raise taxes. that's what house speaker john boehner told fellow republicans during a weekly meeting, signaling he will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember it's only 2%. >> geithner adds the obama administration is, quote, absolutely prepared to go off the cliff, if necessary. joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he
the american people re-elected him and they re-elected us. that's not a mandate to raise taxes. that's what house speaker john boehner told fellow republicans during a weekly meeting, signaling he will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest...